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Gainclients, Inc. Launches 70th Customer and 13th Bank Relationship

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TUCSON, AZ / ACCESSWIRE / March 30, 2023 / GainClients (OTC PINK:GCLT) announces the launch of its 70th customer website and 13th bank connection, partnering with the Bank of the West. CEO Ed Laine emphasized their digital earnest money capture solution, enhancing real estate transactions. March marked a record month with over 600 earnest money deposits collected. GainClients' Remote Deposit Capture Solution is operational with 12 banks, reducing costs for title companies and real estate agents. The company continues to develop its technology solutions, aiming to address market challenges and grow its client base.

Positive
  • Launched 70th customer website and 13th bank relationship, enhancing growth.
  • Achieved record over 600 earnest money deposits in March, indicating strong demand.
  • Remote Deposit Capture Solution operational with 12 banks, streamlining processes.
Negative
  • Market uncertainty due to ongoing high-interest rates could impact transaction volumes.

TUCSON, AZ / ACCESSWIRE / March 30, 2023 / GainClients, Inc. (OTC PINK:GCLT) ("GainClients" or the "Company") is pleased to announce that it has launched its 70th Customer Website and it's 13th Bank Connection to add to its existing portfolio of clients.

"We are so excited to work with the Bank of the West in delivering solutions for the title and escrow industries. We are confident that our solution continues to be the premiere solution for digital earnest money capture so that real estate transactions can be facilitated.," said Ed Laine, the Company's CEO.

As the markets continue to recover from an "uneasy" winter, GainClients stands poised to facilitate real estate transactions and help homeowners meet their objectives. As one of the market leaders in digital earnest money capture, GainClient's, Inc is well positioned to bring the market back after a lull in transaction volume do to high interests rates. Despite the Fed's plans to continue to raise interest rates, GainClients knows that most transactions are a function of consumer life events. Which pay no attention to interest rates.

"We literally have had our biggest month in transactions consummated, in our history", Laine continued, "We collected over 600 earnest money deposits in March and the month isn't even over yet.".

GainClients delivers a solution to Title and Escrow Companies to make the collection of earnest money deposits seamless and easy for their client base. The GainClients Remote Deposit Capture Solution ("RDC") is now fully operational with 12 different banks, including Wells Fargo Bank, First Interstate Bank, American Bank, American National Bank, Plains Capital Bank, NewFirst Bank, Allegiance Bank, Simmons Bank, Huntington Bank, Umpqua Bank, First Financial Bank, and now, Independent Bank.

"We are currently working on three additional bank connections and will make further announcements, once those are live", said Laine.

Since going public in 2001, GainClients has been a preferred provider of Tech Solutions to the Real Estate Industry. With the Pandemic and the importance of Social Distancing, the Company's "Contactless Earnest Money Capture Tool" was the perfect fit for the time. And since all real estate transactions are initiated by an Agreement and an immediate deposit, made by the buyer of the property, to demonstrate "good faith." This deposit, in most states, is called an "earnest money deposit." GainClients' RDC Tool allows this deposit to occur digitally, saving clients thousands of dollars in courier fees and their employees' time.

For the real estate agent, the RDC service will eliminate the time spent picking up checks from their buyer clients and fees charged by title companies. For title companies, it will reduce the millions spent on manual courier services and overnight shipping costs. In addition, the system will expedite the escrow opening process, as well as solving their disbursement and/or refunds to avoid becoming Dormant Funds. It's also a beneficial service from title companies to their REALTOR® partners that will strengthen existing relationships and forge new ones.

About GainClients, Inc.

GainClients products, the Remote Deposit Capture Tool or RDC, the GCard, and the Daily Opportunity Service, consist of custom formatted data and marketing services created for the real estate industry including real estate agents and brokers, lender brokerages, title/escrow and insurance companies and individual real estate, mortgage, and title and escrow professionals. Learn more at: http://www.thegainclientsway.com/.

For More Information:

GainClients

Ed Laine, at info@gainclients.com or at +1.206.229.5515;
Corporate Office: 6245 E Broadway Blvd., Suite 400, Tucson, AZ 85711

Cautionary Statements

This corporate update contains "forward-looking information" that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved'.

SOURCE: GainClients, Inc.



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FAQ

What recent announcement did GainClients make on March 30, 2023?

GainClients announced the launch of its 70th customer website and 13th bank connection.

How many earnest money deposits did GainClients collect in March 2023?

GainClients collected over 600 earnest money deposits in March 2023.

What does GainClients' Remote Deposit Capture Solution do?

The Remote Deposit Capture Solution streamlines the collection of earnest money deposits for title and escrow companies.

What is GainClients' stock symbol?

GainClients is traded under the stock symbol GCLT.

Who is GainClients partnered with for their 13th bank connection?

GainClients is partnering with the Bank of the West for their 13th bank connection.

GAINCLIENTS INC

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